Fino Payments Bank Limited

NSE FINOPB.NS

Fino Payments Bank Limited Net Income Margin for the year ending March 31, 2024: 15.52%

Fino Payments Bank Limited Net Income Margin is 15.52% for the year ending March 31, 2024, a 181.99% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Fino Payments Bank Limited Net Income Margin for the year ending March 31, 2023 was 5.50%, a -51.30% change year over year.
Fino Payments Bank Limited Net Income Margin for the year ending March 31, 2022 was 11.30%, a 75.70% change year over year.
Fino Payments Bank Limited Net Income Margin for the year ending March 31, 2021 was 6.43%, a 148.83% change year over year.
Fino Payments Bank Limited Net Income Margin for the year ending March 31, 2020 was -13.17%, a 59.92% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

NSE: FINOPB.NS

Fino Payments Bank Limited

CEO	Mr. Rishi Gupta
IPO Date	Nov. 12, 2021
Location	India
Headquarters	Mindspace Juinagar, Plot No Gen 2/1/F
Employees	2,682
Sector	Finance
Industries Banking & Lending Fintech

Description

FINO Payments Bank Limited provides various types of financial services in India. The company offers savings accounts, current accounts, sweep account facility, debit and prepaid cards, and loan referral services. It also provides recharge, bill payment, remittance, and money transfer services; payment systems; mobile banking services; FASTag products; unified payments interface facility; and cash bazar, AADHAAR seeding and micro ATM services. In addition, the company offers health, life, and two wheeler insurance products; and third party financial products distribution and business correspondent banking services. It has 724671 banking outlets, 54 Bank Branches, and 130 Customer Service Points. The company was formerly known as Fino Fintech Limited. The company was incorporated in 2007 and is based in Navi Mumbai, India. FINO Payments Bank Limited operates as a subsidiary of FINO PayTech Limited.

Key trends

Past 5 years